Adios, Overdraft Fees! (Well, Kinda)

Ever have $ 24.82 in your account and you write a check for $25.00?  Yes, the proverbial writing checks your …bank account… can’t cash.  That was me in college.  Not on purpose of course!  I was usually just hoping/wishing/praying that my paycheck would beat the check I had just written to the bank.  That didn’t work [...]

New Rules to Protect Consumers from Credit Card Companies!

Yesterday, the Federal Reserve Board issued new rules to protect consumers against credit card company practices. Issued on June 15th, the following rules effect August 22, 2010 Prohibits credit card issuers from charging a penalty fee of more than $25 for paying late or otherwise violating the account’s terms unless the consumer has engaged in [...]